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Measure Every Project’s Profitability

Determine which projects are worth pursuing with past performance data and forecasts.

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Advanced Billing Rates

Create unique billing rates for every employee, project, task, and combination you can think of.

Retainer Model Billing

Avoid over-servicing your retainer clients by monitoring every hour and dollar spent on their projects.

Fixed Project Budgets

Budget by the hour, or budget by the dollar. Either way, you’ll track work against a fixed cost.

"We wanted to make sure that people were spending their time on projects that maximized revenue ... [ClickTime] is definitely helping us make better business decisions."

Anne Belanger

Director of Business Intelligence, Airborne Mobile

Anticipate Your Return On Investment

Not every available project is worth pursuing; some are going to have a higher profitability index than others. As a project manager, it’s your responsibility to weigh opportunities against each other by accurately forecasting costs, billings, and timelines. With ClickTime, you’ll have the tools to estimate every initiative’s ROI.

Understand Historical Data and Trends: By taking a look at historical data, you’ll gain a better understanding of which projects are your most profitable. ClickTime’s built-in Business Intelligence Tool allows you to analyze your time and expense data using charts, graphs, and other useful visualizations.
Build Accurate Forecasts: With the ability to view upcoming capacity, ClickTime allows you to create accurate project models. Our system contains both employee cost and billing rates, showing you the exact ROI that future projects will yield.

Account for Every Project Expense And Manage Workloads

Hidden costs – such as executive time, impromptu team meetings, or small client requests – go unaccounted for. These missed expenditures quickly add up, distorting your view of profitability. With ClickTime, you’ll account for every outlay, giving you complete transparency into your project financials.

Cost Rate Adjustments: Automatically calculate the hourly cost of both exempt and nonexempt employees.
Overtime Pay Customization: Create custom overtime pay rules for different employment types, and monitor extra hours in real time.
Change Order Tracking: Don’t let additional client requests go unaccounted for; track them by adding project phases.

Use Your Resources Wisely

Successful managers know how to get the most out of their team. With ClickTime, you’ll get complete visibility into your workflows, so you can optimize your most precious asset: your team’s time. We make sure that every meeting provides value, every billable hour is recorded, and every employee has a healthy workload.

Assign Project Hours: With our Resource Planning tool, you can assign employees project hours that will show up in their time tracking dashboard. This way, they’ll always know what they should be working on.
Create Billing Goals: Show your employees what success looks like by creating billing goals. These goals will show up in their Employee Performance Dashboard, indicating how close to attainment they are.
Monitor Utilization Rates: There’s a fine line between being overworked and underutilized. By tracking both billable and nonbillable project hours, you’ll be able to see how productive each of your team members are.

Integrations

Purpose-built for labor cost data, not pieced together

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Every entry includes approval workflows, complete change history, and instant reporting. Whether it's R&D tax credits, client billing disputes, or grant compliance, you have defensible records without scrambling through spreadsheets or Jira logs.

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Solution FAQs

What is a profitability index?

The measure of a project’s or investment’s attractiveness in terms of ROI. The PI is calculated by dividing the present value of future expected cash flows by the initial amount invested in the project.

What is the difference between gross profit margin and net profit margin?

Gross profit margin is the gross profit divided by total revenue, multiplied by 100, to generate a percentage of income retained as profit after accounting for the cost of goods. Whereas net profit margin is the percentage of net income generated from a company’s revenue.

What is a utilization rate?

Utilization is the amount of employees’ available time that’s used for productive, billable work, typically expressed as a percentage.

What is scope creep?

Scope creep refers to changes, continuous or uncontrolled growth in a project’s scope, at any point after the project begins.

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